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875 Comstock Ave 260 PROPERTY INFO
FACTS
- Built In 1961
- Price/Sqft : $6,475.89
CONSTRUCTION
- Beds : 0
- Floor Size : 188 sqft
- Baths : 1 Full
875 Comstock Ave 260 SCHOOLS
Financial Details
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Holmby Hills
Neighborhood : Holmby Hills
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,873 per month.
MY RENT : $2,873 MEDIAN RENT : $6,598
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,873 would therefore be considered affordable for annual household incomes greater than $114,920 (12 months x 3.333 x $2,873).
HOUSEHOLD INCOME RANGE
Approximately 131 of households in this neighborhood have a total annual income of $114,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,873 per month.
MINIMUM INCOME RANGE : $114,920
COMMUTE TIME DISTRIBUTION
40% of the working population has a commute time of 15 to 44 minutes, 52% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.
Holmby Hills Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 5.7% |
| Financial Industries | 10.7% |
| Health Care & Social Assistance | 25.0% |
| Professional & Scientific Tech Services | 22.1% |
| Real Estate | 13.9% |
| Retail & Wholesale Trader | 7.5% |
| Other | 15.0% |
AGE DISTRIBUTION
43% of the population is between the ages of 25 and 64, 25% is 24 or younger and 32% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.4% |
| 15-19 | 2.9% |
| 20-24 | 3.1% |
| 25-44 | 15.7% |
| 45-65 | 27.1% |
| 66+ | 31.7% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 1.6% |
| Construction | 8.5% |
| Healthcare | 11.6% |
| Legal | 18.0% |
| Management, Business, & Financial | 45.0% |
| Sales & Office | 13.8% |
| Other | 1.6% |
HIGHEST EDUCATION LEVEL
56% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 6.4% |
| High School | 8.5% |
| Masters Degree | 18.1% |
| Professional | 28.0% |
| Some College | 13.1% |
| Other | 25.9% |
875 Comstock Ave 260 Comps
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875 Comstock Ave 260, Los Angeles, CA 90024 is a single family home of 188 sqft. HomeUnion INVESTimateĀ® for 875 Comstock Ave 260 includes a Price Estimate of $1,217,468 and a Rent Estimate of $2,873. This single family home has 0 bedrooms,1 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 2.83% and Total Return of 34.75%. The estimated 1 year forecast in home value for 875 Comstock Ave 260 is 15.15%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , LOS ANGELES County , or the 90024 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
